On Monday, US indices closed in positive territory: the Dow Jones Industrial Average rose 1.2% to close at $40,829.59. The S&P 500 also gained nearly 1.2% to close at $5,471.05, while the Nasdaq posted a similar 1.2% gain to close at $16,884.60. Below are the top five trending stocks of the day:
Palantir Technologies Inc. PLTR
Palantir shares rose 14.08% to close at $34.6 after hitting an intraday high of $34.7 and a low of $32.47. The company is set for a major milestone with its inclusion in the S&P 500 index on September 23.
Apple Inc. Company APL-American Lead Association
Apple shares experienced a marginal increase of 0.04% and closed at $220.91. The stock hit an intraday high of $221.27 and a low of $216.71. The tech giant unveiled the iPhone 16 series at the “Glowtime” event, designed for Apple Intelligence from scratch.
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NVIDIA Corporation NVDA
Nvidia shares rose 3.54% to close at $106.47. The stock hit an intraday high of $106.55 and a low of $103.69. The company is currently under a preliminary investigation by US antitrust authorities over its potential dominance in the artificial intelligence chip market.
Oracle Corporation ORCL
Oracle shares fell 1.35% to close at $139.89 after hitting an intraday high of $143.3 and a low of $139.51. The company reported strong first-quarter earnings, beating analyst estimates with $1.39 per share and $13.3 billion in revenue, driven by significant growth in cloud services. The company also announced major cloud partnerships with AWS and Google Cloud.
Company: Tesla Inc. TSLA
Tesla shares rose 2.63% to close at $216.27. The stock hit an intraday high of $219.87 and a low of $213.67. Shares of the electric vehicle maker rose after its supplier Panasonic announced preparations for mass production of high-capacity batteries for electric vehicles (EVs).
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